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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Houston at 5050 Woodway Dr APT 4K, Houston, TX, 77056 with 5% annual appreciation on a $315,000 basis while $2,255/mo rent supports operations. 04% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.59%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,255/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1965
N/A lot
$N/A/sqft
$2,360 monthly HOA
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
Date | Event | Price |
|---|---|---|
| 2024-10-29 | Listed for sale | $315,000 |
| 2024-10-29 | Pending sale | $315,000 |
| 2024-10-28 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $363.57 | N/A | $287,798 | -2.60% |
| 2023-02-12 | N/A | N/A | $295,467 | -2.58% |
| 2022-02-12 | $1728.75 | N/A | $303,298 | 3.19% |
Listed by: Deborah Tatham • Douglas Elliman Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #84616301
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